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Tag Archives: Woes

Target Boosts Forecast in Sign It's Weathering Retail Woes

MINNEAPOLIS, United States — Target Corp. delivered another sign that its comeback is taking hold as stronger online sales helped brighten the retailer’s outlook. Second-quarter sales topped analysts’ estimates on Wednesday, and the company boosted its forecast for the rest of the year. The report helped soothe investors after a rocky earnings season for retailers, sending Target shares up as much ...

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Wanda, LeEco Woes Add to Darkening Sentiment in China Financial Markets

Angry shareholders stormed a public meeting on Monday for beleaguered LeShi Technology, as the company tried to address its financial problems. The day also saw trouble for companies in the orbit of Dalian Wanda. And the shares of some 500 listed companies dropped by their 10% maximum daily trading limit. Traders said that Chinese markets were spooked by tightening regulatory ...

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